10 min to fil an order? Thats just insane, my broker fills an order in 1-2 seconds, imagine trading the news or any breakout with a 10 min delay, pretty bad eh. And probably trade on more pair not just on 1, having 20-30 trades/ day its acceptable ...

Is it possible to earn 30% per month consistently for 4 years?

And by the way what is with this "overtrading" crap if all trades have an equal probability of the outcome to be a winner,then doesnt matter how much you trade.If for example the wedge patterns would have a 70% of continuation, would you stop ...

Is it possible to earn 30% per month consistently for 4 years?

The formula is: INITIAL CAPITAL * (1+ GROWTH PERCENT/100) ^ TIME = 100* (1+ 0.30)^ (3*12 ) = 100* (1.3) ^36 = 100 *12646.2185 = 1,264,621.85 $ Well 60% or 80%, whatever, i dont know what is possible, i think the pro wallstreet stock traders can ...

Is it possible to earn 30% per month consistently for 4 years?

Isnt that too much time to wait, with 30% /month even if you start with 100$,you can make 1,264,621.85$ in 3 years , it grows almost exponentially after you hit the about 10.000$, so if you have 10000$ to start with maybe its achievable in 1 year ...

Is it possible to earn 30% per month consistently for 4 years?

I`ve read a few posts, quite nice thread. Well first of all the 95% is an urban myth, i think its around 65% who lose, because its recurring, not everyone always wins, because that way there would be no counter-trade to your trade.So if there is a ...

95% traders go broke, only 5% survive

Very easy to answer that: Why do Newbies Lose? Because they are Newbies. Lack of experience, knowledge, patience, and so on.

Why do Newbies Lose?

Man i just cant stop responding to your posts, because you write so much nonsense. I never said i`m in the 1% billionaires. Do i look like a billionaire ? If i`d be one i would not stay here and respond to your posts. Yes and i agree with you on the ...

Is it possible to earn 30% per month consistently for 4 years?

Yes, there is only big 1 obstacle in trading forex, the other obstacles are minuscule compared to this one, and that is consistent profit. This is the 1 thing that 99% of the traders cant achieve.If they could then they would become instant ...

Is it possible to earn 30% per month consistently for 4 years?

Just dont bother with his posts, he trolled probably every thread i saw already.Mikk is the biggest troll in the entire forum. _______________________ Anyway, i just want to say that 30% /month is possible, even more its possible if you have found ...

Is it possible to earn 30% per month consistently for 4 years?

Interesting.Looks like i learn stuff every day, thanks for showing this. Although i have a few problems with this.First of all the FX is the ratio of 2 markets, so bubbles as you call them, and you pointed specifically to the 2007-2008 period, why ...

why have you accepted the price-predictability assumption?

Bad luck, looks like the trade went against us, closed at SL at a loss of 163 pipettes.Hope for better luck next time, anyway losses happen, so we were unlucky this time

Trading the "U" shaped pattern

Close but not that close , if you guys read the instuctions on the 1st post, i clearly said why you should put the SL a few pips above the consolidations highest high, to not hit the SL. image I didnt resized or moved the SL ,and i will not, but ...

Trading the "U" shaped pattern

I`m not a newbie, i know man, the volume in forex is the number of ticks/bar, and that is exactly what i use it for. I use the volume as an indicator for volatility, more ticks in a bar = more struggle between bulls & bears, meaning that the ...

Trading the "U" shaped pattern

I entered it too, i just forgot to check the USD/JPY today but now i entered the trade too, lets see what will happen image

Trading the "U" shaped pattern

Yeah i think its valid, although your pic doesnt show the volumes, i checked it on my chart and it showed a nice volume increase at the bullish breakout, then a consolidation, and the retracement will be soon. So i think its a valid pattern, and i ...

Trading the "U" shaped pattern

Alright lets get back to topic, i`ve found this very nice article on the internet which explains very simply how the market works why its not totally random, and what structures or mechanisms are present.Furthermore the difference between stock and ...

why have you accepted the price-predictability assumption?

Actually what i meant and i think Pipmeup thinked of this too is to separately measure the strenght of the EURO and the USD, by using all avaliable pairs which contain either EUR or USD So the formula for USD is: 1/xx1USD * USDxx2 * USDxx3 * ...

Predicting the EUR/USD by using Currency Correlations

I mostly trade on M1 because i trade the structures not the timeframe formed candles.And positions are usually held for 15-30 minutes, it depends.Sometimes i have 40 trades/day on different pairs.

Long term Vs Short Term Trading

Yea that is what i meant, the range of the EUR/DKK is smaller than the range between the bid & ask, so if you put a long order at the ask price, you must close it on the bid price, so if marked doesnt move enough so that the BID> initial ASK = ...

Predicting the EUR/USD by using Currency Correlations

+20% would be godly, i dont think any trader in the world has such predicting capability, eve n if they do they must hide it very well.But 6-10% could be acceptable, if the sample size is big enough i think 6% can still be an edge even if some of ...

Predicting the EUR/USD by using Currency Correlations